Cause IQ organization profile

Illinois Institute of Technology (IIT)

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

IIT is a university based in Chicago, IL that was founded in 1940. As of 2018 they had $351 million in revenue and $635 million in assets.

Illinois Institute of Technology is a private, technology-focused research university offering undergraduate and graduate degrees in engineering, science, architecture, business, design, human sciences, applied technology, and law.

Fiscal year end:
Revenue trends:
Asset trends:

Program areas at IIT

INSTRUCTION SUPPORT:- Through eight different schools and colleges, instruction supports over 50 academic majors, more than 80 minors, and a variety of specializations and is made up of nearly 6,900 students, including 3,026 undergraduate, 2,277 graduate, 882 law students, 568 Ph.D. candidates, and 87 students in continuing education programs. The University offered and awarded 559 bachelor, 1,670 master, 234 J.D., and 92 Ph.D. degrees during the 2018 academic year. The University's signature Interprofessional Projects Program (IPRO) joins together students from various academic disciplines to work as a team to tackle a real-world problem using design-centered methodology and innovative thinking. All undergraduate students are required to take six credit hours of IPRO courses. Developed in 1995, IPRO consists of student teams from the junior through graduate levels, representing the breadth of the university's disciplines and professional programs. Each IPRO course is a unique project with teams that include the faculty and ...

AUXILIARY SERVICES:- This provides for campus housing and dining for the students and includes residence halls and a dining room, apartment-style buildings, five fraternity houses, and two sorority houses.

RESEARCH:- Research is the hallmark of our culture of excellence. Our faculty, students, and staff are leading bold research and discovery in fields where technology and innovation are creating significant, meaningful change. Throughout our colleges and research centers, and in topics as varied as energy, theoretical physics, and social justice, our research reflects our commitment to scientific, technological, and professional knowledge creation and innovation. Research awards received in fiscal year 2018 were $27.1 million. The University received awards in the areas of science, engineering, technology, and mathematics all of which are synergistic with the strategic plan. Notably, the Electrical and Computer Engineering Department received 19 awards totaling $3.8 million and the Computer Science Department received 18 awards for $3.5 million. Also, the Biomedical Engineering Department received 16 awards for $1.7 million, the Biological Science Department 13 awards for $1.8 million, Mechanical Material and Aerospace Engineering 28 awards totaling $2.9 million, ...

Form 990s for IIT

Fiscal year endingDate received by IRSFormPDF link
2018-05Jun 19, 2019990View PDF
2017-05Apr 10, 2018990View PDF
2016-05Aug 17, 2017990View PDF
2015-05Jul 20, 2016990View PDF
2014-05May 14, 2015990View PDF
...and four more Form 990 PDFs

Financials for IIT

Total grants, contributions, etc.$63,052,564
Program services$276,015,596
Investment income and dividends$5,574,038
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,794,056
Net gain from sale of non-inventory assets$5,677,672
Net income from fundraising events$-278,204
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$351,835,722

Vendors for IIT

VendorServicesAmount paidDate
DrupalContent management system software2020-05-19
██████Fundraising software2020-05-19
███████ ███ ████Fundraising software; Payment processing2020-05-19
██████████CRM software2020-05-19
█████ ███Tax accounting; Audit accounting2020-02-19
██████ ███Software2019-08-29
███ ██████ ████████████████ ███Janitorial$1,889,7522018-05-01
█████ ████████ ███Security$2,427,7972018-05-01
...and 26 more vendors

Personnel at IIT

NameTitleCompensationMost recent data
Jules F. KnappChairman and Chief Executive Officer, Grisham Security Doors$0Jan. 15, 2019
Michael HoranVice President Finance , Chief Financial Officer , and Treasurer-May 13, 2019
████ █████Vice President of Finance and Treasurer-May 20, 2020
█████ █████Vice President for Facilities and Public Safety / Vice President for Administration$242,438May 20, 2020
█████ █████Vice President for International Affairs / Vice Presidentfor International Affairs$277,102May 20, 2020
████ █████Vice President for External Affairs-May 20, 2020
█████ █████████Vice President for Advancement-May 20, 2020
███████ ████Vice President for Enrollment-May 20, 2020
███████ ██ ███████Vice President and General Counsel / Vice Presidentand General Counsel$220,731May 20, 2020
███ █████Director of Athletics-May 20, 2020
...and seven more key personnel

Peer universities

1Saint Xavier University (SXU)501(c)(3)$110 millionChicago, IL
2DePaul University501(c)(3)$841 millionChicago, IL
3North Park University (NPU)501(c)(3)$94 millionChicago, IL
4Roosevelt University501(c)(3)$138 millionChicago, IL
5Midwestern University501(c)(3)$464 millionDowners Grove, IL
6Olivet Nazarene University (ONU)501(c)(3)$153 millionBourbonnais, IL
7Columbia College Chicago501(c)(3)$251 millionChicago, IL
8Aurora University (AU)501(c)(3)$133 millionAurora, IL
9Lake Forest College501(c)(3)$95 millionLake Forest, IL
10Loyola University Chicago (LUC)501(c)(3)$819 millionChicago, IL
11Wheaton College501(c)(3)$190 millionWheaton, IL
12Benedictine University501(c)(3)$128 millionLisle, IL
13Concordia University Chicago (CUC)501(c)(3)$91 millionRiver Forest, IL
14Lewis University501(c)(3)$186 millionRomeoville, IL
15Bradley University501(c)(3)$228 millionPeoria, IL
16Dominican University501(c)(3)$101 millionRiver Forest, IL
17North Central College501(c)(3)$133 millionNaperville, IL
18Santa Clara University (SCU)501(c)(3)$524 millionSanta Clara, CA
19Everglades University501(c)(3)$489 millionFort Lauderdale, FL
20Brandeis University501(c)(3)$436 millionWaltham, MA
21Oral Roberts University (ORU)501(c)(3)$132 millionTulsa, OK
22Nazareth College of Rochester501(c)(3)$122 millionRochester, NY
23University of La Verne (ULV)501(c)(3)$232 millionLa Verne, CA
24Worcester Polytechnic Institute (WPI)501(c)(3)$328 millionWorcester, MA
25Marywood University501(c)(3)$99 millionScranton, PA